Your retirement should be a time when you can relax and enjoy the fruits of your labor. Unfortunately, with the state of the economy and Social Security, as well as a number of other factors, a lot of people are arriving at their retirements without as much savings as they’d originally hoped to have.
Fortunately, whether you’re looking for ways to make ends meet or you’re interested in doing some fun work that will help fund your next vacation, there are numerous ways for seniors to make money with the sharing economy. Here are just a few ways that you can find enjoyable work and other opportunities to make money after retirement without feeling like you’re headed right back to the office.
BECOME A PART-TIME PET-SITTER
Do you love animals? DogVacay is kind of like Airbnb for people’s pets. This app works to match pet owners and pet-sitters, and you have a lot of options to tailor your experience to your needs and preferences. You can set where you’re open to go, what size and age animal you’ll take care of, whether you’ll provide daycare, boarding, and/or walking, etc. Plus, you’ll set your hours of availability, so you’ll never be overworked or double-booked.
RENT OUT A ROOM IN YOUR HOME
If you have an extra room in your home, you can make money by taking on a housemate. While this is sometimes risky business, Golden Girls Network matches seniors looking for shared living situations. You can get to know your potential housemate before agreeing to have them move in, and you’ll be paired with someone close to your age, so you’ll have more in common and fewer issues sharing a space.
RENT OUT SPACE IN YOUR DRIVEWAY
If you’re like a lot of people, you probably have an extra space where someone could park in your driveway. If you live in an area where people are constantly looking for parking and where parking lots charge an arm and a leg, you could sign up for ParkingPanda so that others can reserve your space and you can make money doing nothing but letting them have a spot in your driveway.
TEACH THE NEXT GENERATION
If you have a particular skill that you’d like to impart to the next generation (or to adults like yourself), you can get paid to teach through apps like SkillShare and TakeLessons. Skills that you might teach range from singing and playing musical instruments to algebra, chemistry, film acting, dance, and everything in between.
BE A PEER-TO-PEER LENDER
Another way to make money without actually doing any physical work is to become a peer-to-peer lender. Through sites and apps like Prosper you can invest in private loans and get paid back with interest. This is a great way to diversify your investment portfolio and bring in passive income well into your retirement.
With peer-to-peer mobile apps, you can explore different loan portfolios to invest in. Then you can choose the ones that are most attractive to you, invest in them, and get monthly returns deposited directly to you.
These are just a few of the numerous ways you can make money with the sharing economy after retirement. Don’t worry about saving every penny. Instead, make cash doing the things you love, living with housemates who have shared interests, taking care of pets, and/or investing in loans. Find the perfect way to join the movement today, and you’ll have no trouble making enough money to enjoy life throughout your retirement.